Being Sued: Should a Case Be Heard in Court before Deciding to File Bankruptcy?
In most situations, it may not make a difference when you file bankruptcy. If the judgment is related to unsecured debt it is likely to get discharged. Some people may decide to file when...
5 Financial Situations Where Bankruptcy Makes Sense
Deciding to file bankruptcy can be confusing. People often choose not to file because of misleading information, lack of understanding and fear of not knowing what will happen in the future. These factors have...
Can Chapter 7 Bankruptcy Help Protect Life Insurance Proceeds?
Bankruptcy and Life Insurance Proceeds The law does show a considerable amount of respect when it comes to life insurance. Life insurance proceeds may be considered property of the bankruptcy estate depending on how...
Can I Keep a Cash Gift Received While in Chapter 7 Bankruptcy?
A cash gift received while in bankruptcy may be protected, but if you were entitled to receive it before you filed this is an issue to review in more detail. It comes down to understanding...
In Chapter 13 Will My Tax Refund Be Collected Each Year I Am In Bankruptcy?
During the duration of your Chapter 13 bankruptcy case you may be required to provide information about your taxes. This may simply involve forwarding a copy of your completed return to your trustee. Your...
When Filing Bankruptcy What Types of Income Is Reviewed on the Means Test?
What Types of Income Is Reviewed on the Means Test? The Means Test helps in determining eligibility for bankruptcy. The test gives a general idea of whether or not you have the ability to...
Can I File Bankruptcy by Myself If I Am Married?
As a married individual you can choose to file bankruptcy on your own without your spouse. It is a common question asked upon married individuals since you can file a joint petition with your...